02/03/2011 11:39 GMT | Updated 22/05/2015 06:12 BST

Introducing: The World's Most Expensive Purse

Mouawad creates world's most expensive purse. Photo: Mouawad

Always want the latest Mulberry or Chloe bag, but can't justify the cost?

Feel guilty no more - a Dubai jeweller has unveiled the world's most expensive purse, on sale for an eye-watering $3.8 million.

According to Reuters, the world's blingiest bag took 9000 hours to make, and is covered with over 4,500 white, pink and yellow diamonds.

Made in France, the piece, known as the Mouawad 1001 Nights Diamond Purse, has been certified by the Guinness Book of Records.

Its creator, Pascal Mouawad, says that all the heart-shaped sparkler now needs is a loving home, speculating that it will be bought by, "A man who most likely very much loves his wife".

He's not kidding!

See a video about the 'fairytale-inspired' work of art here.

Passion for fashion? Follow us on Twitter and become a fan on Facebook